Program Term
9 years
Certification Process
Electronic application and supporting documents via https://certifications.sba.gov/
Eligibility Requirements
- Must be a small business
- Must be unconditionally owned and controlled by one or more socially and economically disadvantaged individuals who are of good character and citizens of the U.S.
- Must demonstrate potential for success
- Financial Limits for Economic Disadvantage:
- Annual personal income: $400,000 per year
- Net worth: $850,000 (Value of everything you own minus the value of everything you owe: $850,000 not including the value of your home, company, or retirement accounts)
- Total assets: $6.5 million (Not including retirement accounts)
Benefits
- Sole-source and competitive contracting opportunities
- Mentor Protégé / Joint Ventures
Regulation Reference
HUBZone
Program Term
- No program timeline
- Continued program compliance
Certification Process
Electronic application and supporting documents via https://certifications.sba.gov/
Eligibility Requirements
- Must be a small business
- Principal office must be located in HUBZone
- Must be owned and controlled by one or more U.S. citizens
- 35% of employees must reside in HUBZone
Benefits
- Restricted bidding opportunities (competitive, sole-source)
- 10% price evaluation preference on full and open contracts
- Mentor Protégé / Joint Ventures
Regulation Reference
Women-Owned Small Business (WOSB)
Program Term
- No program timeline
- Continued program compliance
Certification Process
Electronic application and supporting documents via
https://certifications.sba.gov/
Eligibility Requirements
- At least 51% directly owned and controlled by one or more women that are US citizens
- Must qualify as a small business for primary industry NAICS
- Woman must highest officer position and manage firm on full-time basis and make long-term decisions
- EDWOSB Financial Limits for Economic Disadvantage:
- Annual personal income: $400,000 per year
- Net worth: $850,000 (Value of everything you own minus the value of everything you owe: $850,000 not including the value of your home, company, or retirement accounts)
- Total assets: $6.5 million (Not including retirement accounts)
Benefits
- Sole-source and competitive contracting opportunities
- Mentor Protégé / Joint Ventures